| lkgeo1 2006-10-25, 5:25 pm |
| Taft Welcomes World's First High-Volume Fuel Cell Production Line To
Dayton=20
Publication Date:25-October-2006
04:30 PM US Eastern Timezone=20
Source:FuelCellWorks
DAYTON--Governor Bob Taft today announced that UltraCell Corporation
will build the world's first high-volume fuel cell production line in
the Dayton area. UltraCell, based in Livermore, California, will
invest $74 million in Dayton and is expected to create 360 jobs in this
region over the next four years. UltraCell develops and manufactures
micro fuel cell systems for portable devices. "Today's
announcement is historic for both Ohio and the Dayton region, as
UltraCell establishes the world's first high volume commercial fuel
cell production line here," said Taft. "Through efforts like the
Third Frontier Project and tax reform, Ohio has demonstrated its
commitment to attracting businesses that will create high-tech,
high-paying jobs to our state."
The Governor joined UltraCell Chairman, CEO and President James
Kaschmitter; House Speaker Jon Husted; Montgomery County Commission
President Charles Curran; and Dayton Mayor Rhine McLin for the
announcement. =20
Governor Taft met with UltraCell executives earlier this month during a
domestic trade mission to San Francisco and the Bay Area.=20
Additionally, the Ohio Department of Development has worked with
UltraCell to propose an incentive package that includes training grants
for employees, roadwork development funds and a job creation tax
credit.
"Ohio is dedicated to fuel cell technology and alternative
energies," said Lt. Governor and Development Director Bruce
Johnson. "UltraCell's decision to expand their operations in Ohio
means that we will continue to raise our profile nationally as the
premier location for alternative power research, development and
commercialization."
UltraCell, founded in 2002, currently employs 55 people worldwide.=20
Earlier this year, the company announced that it has received a
contract award for delivery of its XX25=99, a 25-watt reformed methanol
fuel cell system, to the Air Force Research Laboratory at
Wright-Patterson Air Force Base for use as an airman power device.=20
=20
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